All Retail Week articles in April 1 2011 – Page 2
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NewsLaura Ashley celebrates record profits
Fashion and homewares group Laura Ashley has posted record profits and is confident about prospects despite the punishing trading environment.
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NewsConsumer confidence remains low, GFK says
Consumer confidence remained at the same low level in March as it was in February, according to GFK/NOP’s respected Consumer Confidence Monitor.
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NewsH&M profits nosedive 30% as cotton prices soar
H&M’s global profits plummeted by 30% in its first quarter as cotton prices soar.
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NewsEtail delivery costs to soar under EU proposals
EU Legislation proposals could cost online retailers an extra £8.8bn in delivery charges per year and threatens to derail the growth of e-commerce.
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NewsOddbins expected to file for administration on Monday
Wine retailer Oddbins is expected to go into administration on Monday after it was unable to proceed with a company voluntary arrangement.
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NewsFurniture chain Easy Living collapses
Sofas UK, which trades as Easy Living Furniture, has become the latest victim of the consumer downturn and was put into administration today.
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News
Deichmann targets 200 stores within 10 years
German shoe retailer Deichmann has said it is targeting 200 stores within 10 years in Turkey, and is making an initial investment of E6m (£5m) to open 20 new stores.Last year the retailer opened 44 stores in 23 Turkish cities. Deichmann Turkey managing director Atilla Ozkul said thatthe chain experienced ...
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News
Clicks Group turnover up 14.7% to £881m
Health and beauty retailer and wholesaler Clicks Group posted a preliminary retail turnover increase of 14.7% year on year to ZAR9.7bn (£881m), and an increase in group turnover of 9% to ZAR13.3bn (£1.2bn) for the first half of its 2010/11 financial year ended February 28.“The results have been driven by ...
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AnalysisMetro Group announces record earnings for 2010
Germany’s Metro Group announced record earnings in 2010, with all banners contributing to this growth.
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NewsFreemans chasing £40m in sales from new plus-size site Curvissa
Freemans Grattan Holdings has launched online plus-size women’s fashion brand Curvissa, which it estimates will achieve sales of up to £40m within three to five years.
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NewsNew Range ads pitched to drive summer spend
Home and garden retailer The Range has launched its first national TV ad campaign to encourage viewers to spruce up their homes for summer.
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AnalysisGoogle AdWords and trademarks
An ongoing legal battle over trademarks being bought as AdWords highlights the need for retailers to tread carefully when it comes to possible infringements
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NewsStore stocks up ahead of Dixons profit alert
Despite bearish comments from Next boss Simon Wolfson, general stores outperformed the market over the week - but that was ahead of a profit warning from electricals giant Dixons.
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NewsKingfisher aims to grow by attracting reluctant DIY-ers
DIY giant Kingfisher is prioritising making DIY easier for customers and continued global expansion as it approaches the next stage of its strategy under boss Ian Cheshire.
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NewsAlliance Boots in no rush to replace departed CEO Hornby
Alliance Boots is unlikely to appoint a successor to departed group chief executive Andy Hornby in the near future, following his sudden exit last week.
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News
Alon Holdings Blue Square
Alon Holdings Blue Square has reported its financial results for the year ended December 31 2010. Revenues soared 25.6% to ILS9.2bn (£1.6bn).The supermarket segment increased revenue by 0.5% from ILS6.9bn (£1.2bn), while the non-food segment had a revenue drop of 5.5%, mainly due to poor homewares sales.Alon Holdings Blue Square ...
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OpinionDixons not alone as the freeze sets in
At least the Nordics were OK. You can always rely on that from a Dixons trading update. But there was no disguising the awfulness of the UK and Ireland performance that prompted Wednesday’s profit warning.
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AnalysisAnalysis: Why Wi-Fi will win
As more in-store services move online, Rebecca Thomson looks at whether retailers will need to invest in providing free customer Wi-Fi